Monthly Archives: January 2011

Fees On Reloadable Pre-Paid Cards Cost Consumers

January 27, 2011
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Re loadable prepaid debit cards represent one of the fastest-growing segments of the financial services industry. The total amount of branded prepaid cards is expected to exceed $440 billion by 2017, quadruple the estimated value in 2009, according to independent research commissioned by MasterCard. Nearly one-third of consumers own some kind of prepaid card,...

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Let It Snow, Let It Snow, Let It Stop!

January 27, 2011
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Anyone need some snow? I have some that I generously am willing to share. I have it by the cup or the oil barrel, by the loving spoonful or the dumpster load. Take you pick. Just take it. It’s stacked to the eaves. It is said that Eskimos have 50 words for snow, most...

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Chase Required To Refund $2 MILLION To Active Military For Illegal Foreclosures And Rates

January 27, 2011
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JP Morgan Chase & Co. will refund $2 million to 4,000 active members of the military after the bank charged illegally high interest rates, and improperly foreclosed on 14 of their homes. The lender violated the Servicemembers Civil Relief Act, which forbids companies from charging active-duty service members more than 6 percent on all...

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Inspection Backlogs Weaken Dialysis Oversight

January 26, 2011
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Inspection Backlogs Weaken Dialysis Oversight

by Robin Fields ProPublica, Dec. 28, 2010, 9:36 a.m. Valerie Prenkert is haunted each time she thinks of the small Northern California clinic where her mother got dialysis. At the start of a treatment on Oct. 6, 2008, a clinic employee inserted a needle into her mother’s arm improperly, puncturing the back wall of...

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